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Oct 31, 2012
10/12
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CNBC
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two of the big downtown stations for verizon have been damaged. what are they doing to make sure that's working? >> they're working around the clock. they are going to try to get that open today. we have other ways to getting on this thing. creative ways down here, believe me. we can figure it out. >> neil, thank you very much. one of the things they have done here that's very creative is they have raised the threshold for the auto execution for the designated market makers. these are guys that used to be called specialist. under certain circumstance, they could auto open a stock. they could allow the computer to open it without their physical intervention. normally they have to press a button to begin trading during the day. physically key in the open. they have raised the threshold for that to allow bigger stocks to open automatically. what that means, folks, very simply, is that it will be a quicker open and even their hope of course of more simple, quieter open. back to you. >> thank you. for viewers who are wondering whether or not the shot i
two of the big downtown stations for verizon have been damaged. what are they doing to make sure that's working? >> they're working around the clock. they are going to try to get that open today. we have other ways to getting on this thing. creative ways down here, believe me. we can figure it out. >> neil, thank you very much. one of the things they have done here that's very creative is they have raised the threshold for the auto execution for the designated market makers. these...
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Oct 31, 2012
10/12
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. >> you mentioned the main data center you thought was working fine, but verizon had some damage, some of the people on the floor, of course, use cell phones to communicate with their offices, that's pretty spotty right now. what are you doing to make sure that's going to be functional? >> the cell phone usage is spotty for all of us in lower manhattan right now. also some of the internet connections are slow. so if people use that for their data feeds, that's slow. we've been giving each of the brokers one of our own lines to make incoming or outgoing calls. you've got internet, so i think we're trying to cover them with as much phone and data help we can to help them run their business from down here and i'll give you another update right after the opening, okay? we'll see you then. >> thank you very much. >> guys, i think the most important thing is the connectivity issue is the primary concern they've got. duncan said that to me many times. they want to make sure the main data center is working. you heard from him, it is. the concern is that act says to the verizon because the subs
. >> you mentioned the main data center you thought was working fine, but verizon had some damage, some of the people on the floor, of course, use cell phones to communicate with their offices, that's pretty spotty right now. what are you doing to make sure that's going to be functional? >> the cell phone usage is spotty for all of us in lower manhattan right now. also some of the internet connections are slow. so if people use that for their data feeds, that's slow. we've been...
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Oct 31, 2012
10/12
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go for verizon. i will embrace centurylinc but it is no good. let's go to gwen. >> how do you feel about starbucks? >> it is going down. i know that. it is down from 60 and forget it. i want to bet on howard schultz the ceo. i am a buy, buy, buy, buyer. isaac. >> booyah, how are you? >> how are you. >> fine. >> i hope you and your family are safe. >> thank you very much. i hope you're safe. >> thank you. >> the reason i'm calling is -- food. i own it for the spin off and they have sold 12% to the public and they are going to spin off the remaining 88 cents to shareholders within six months. do i hold on to it? >> i read a negative article about the ceo and i think it hurt the stock. i think a lot of people are angry at the guy but i would hold on to the stock. >> bill. >> my question is with marley corp. next year they claim to be tripling in size. producing 40,000 tons -- >> well let's wait. you may be disappointed and disappointed and disappointed. >> [ baby crying ] >> i'm not willing to take that. to jen in maryland. >> it has come down enou
go for verizon. i will embrace centurylinc but it is no good. let's go to gwen. >> how do you feel about starbucks? >> it is going down. i know that. it is down from 60 and forget it. i want to bet on howard schultz the ceo. i am a buy, buy, buy, buyer. isaac. >> booyah, how are you? >> how are you. >> fine. >> i hope you and your family are safe. >> thank you very much. i hope you're safe. >> thank you. >> the reason i'm calling is -- food....
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Nov 2, 2012
11/12
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let's start with verizon. i'll show you it's actually been in a steady up trends for the last six months. the stock has made higher highs and higher lows. $44 is the important level. the stock is down 1% today. it hasn't breached 44. i would still hold it here. if you look at at&t, a similar up trend existed in the last six months. in october, on the most recent selloff, you can see it broke that up trend decisively. it actually hasn't bounced that much on the recent market rally. the sellers are heavy. >> that's a negative. you want to sell at&t here? >> i would be a seller. >> because it kept going down. you think it will continue? >> yeah, that weakness is a sign of pure buyers, more sellers. >> that's something you look at all the time. final comment here. you saw what the charts say david. any reason to believe the fundamental story wins out? >> like the dividend yields on both, maria. remember, these are two the highest yielding stocks on the dow jones industrial average. it's a slow growth economic envi
let's start with verizon. i'll show you it's actually been in a steady up trends for the last six months. the stock has made higher highs and higher lows. $44 is the important level. the stock is down 1% today. it hasn't breached 44. i would still hold it here. if you look at at&t, a similar up trend existed in the last six months. in october, on the most recent selloff, you can see it broke that up trend decisively. it actually hasn't bounced that much on the recent market rally. the...
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Oct 31, 2012
10/12
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FBC
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noted verizon services back for them. a guy next to me. also noted that they are able to access the internet. they need to work with companies in order to execute numbers and get orders from hedge funds. that will give them competition. it is slow, it is spotty, but certainly a big piece of news. a lot of people starting to get cell and internet service pack. back to you. liz: let's get to sandra who is watching a stunning move in lumbar prices today. sandra: it certainly gives an indication of lumber demand. there will be thousands of homes that need to be rebuilt. we saw it at a 19 month high and, of course, the trade in the stock market would be to buy some of that stock. lowe's, home depot, all of these stocks that would be affected by that. a huge louver today. some estimate it could go to 2013. liz: we are looking at eagle materials. not perhaps familiar, but this has seen in the last 39 minutes a jump of a full 10%. a stunning move her. some of these related names included in rebuilding homes. a huge spike at the start of trading. t
noted verizon services back for them. a guy next to me. also noted that they are able to access the internet. they need to work with companies in order to execute numbers and get orders from hedge funds. that will give them competition. it is slow, it is spotty, but certainly a big piece of news. a lot of people starting to get cell and internet service pack. back to you. liz: let's get to sandra who is watching a stunning move in lumbar prices today. sandra: it certainly gives an indication of...
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Oct 29, 2012
10/12
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FBC
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look at verizon. it's so much more than the other ones. so what if we just changed the form altogether ? isn't that the exact same thing ? it's pretty clear. ill sticking with verizon. more 4g lte coverage than all other networks combined.
look at verizon. it's so much more than the other ones. so what if we just changed the form altogether ? isn't that the exact same thing ? it's pretty clear. ill sticking with verizon. more 4g lte coverage than all other networks combined.
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this is the company, liz, unlike delta airlines and verizon wireless, they are saying that hurricane sandy is not going to hurt their numbers. very good news is they raise their forecasts. they have a lot of promotional measures as well to bring in customers. liz: far be it for me to question him. both have had naugatuck pillories anytime a normally those glass shelves that they have a normally full. >> yes, this is true. liz: i'm not sure why he i'm not sure why you think this won't hurt them in some way shape or form. >> mind wouldn't even open comes to your ahead of me. liz: knuckle, thank you very much. there are worse problems come we know that. but we are giving you a anecdotal anecdotal evidence of each stock we talk about. but there is hard facts that we are talking about. how many people will be saying that i have to get a generator next time. but here is an issue that many of us have seen developed. what good are gasoline powered generators if you run out of gasoline? 3.6 million homes along the eastern seaboard. many gasoline stations are still without power following the
this is the company, liz, unlike delta airlines and verizon wireless, they are saying that hurricane sandy is not going to hurt their numbers. very good news is they raise their forecasts. they have a lot of promotional measures as well to bring in customers. liz: far be it for me to question him. both have had naugatuck pillories anytime a normally those glass shelves that they have a normally full. >> yes, this is true. liz: i'm not sure why he i'm not sure why you think this won't hurt...
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Nov 2, 2012
11/12
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WMAR
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exclusively on verizon. in-wash scent boosters, here with my favorite new intern, jimmy. mmm! fresh! and it's been in the closet for 12 weeks! unbelievable! unstopables! i'll show you how! ♪ just shake them into the washer i can't believe this lasts 12 weeks! neither can they. so you're going on tour to prove it. downy unstopables. follow jimmy's unstopables tour on youtube. >> jimmy: hi there, welcome back. night three at the harvey theater at the brooklyn academy of music. tonight on the program, this is their latest cd, it's called "the carpenter" but tonight, they have a special song for brooklyn. the avett brothers are here and they will be joined by the brooklyn philharmonic. that's going to be great. and tomorrow night, it is our last show here in town with kelly ripa, alicia keys and a special appearance by chris rock, so join us then as well. by the way, if you haven't helped out with hurricane sandy relief effort and you can, please go to redcross.org to donate or you can text "redcross" to 90999 to make a $10 donation. they really need the money. and you were prob
exclusively on verizon. in-wash scent boosters, here with my favorite new intern, jimmy. mmm! fresh! and it's been in the closet for 12 weeks! unbelievable! unstopables! i'll show you how! ♪ just shake them into the washer i can't believe this lasts 12 weeks! neither can they. so you're going on tour to prove it. downy unstopables. follow jimmy's unstopables tour on youtube. >> jimmy: hi there, welcome back. night three at the harvey theater at the brooklyn academy of music. tonight on...
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Oct 31, 2012
10/12
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CNBC
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look at one of the verizon buildings in lower manhattan. look at that water. high demand for backup power giving generator sales a boost. generac has shipped tens of thousands of generators. the bottom line today raised it a full year. first on cnbc interview with aaron jagdfeld, the ceo of generac. aaron, great to have you with us. >> thanks for having me, melissa. >> what was so stunning about the guidance raise in the quarter beat was that sandy wasn't included in the result. in terms of raising the forecast for the year, how much of that are sales you know you have in your back pocket because of sandy and how much is future sales you'll have in the coming days and weeks because people are scared this is going to happen again? >> there's really, you have to bay for the two issues. the first issue is obviously sandy occurred in the fourth quarter. that's going to have a material impact. as we said, we're significantly raising guidance for the fourth quarter. it will result in a rise for the year as well. that's really the portable generator demand. that's th
look at one of the verizon buildings in lower manhattan. look at that water. high demand for backup power giving generator sales a boost. generac has shipped tens of thousands of generators. the bottom line today raised it a full year. first on cnbc interview with aaron jagdfeld, the ceo of generac. aaron, great to have you with us. >> thanks for having me, melissa. >> what was so stunning about the guidance raise in the quarter beat was that sandy wasn't included in the result. in...
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Oct 30, 2012
10/12
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CNBC
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nyse and nasdaq have to make sure they get data in and out, have to assess the damage, if any, to the verizon lines. they need about 200 people on the floor, and getting the people there depends on having the bridges and tunnels open so that's why the news from scott is very important. carpooling lists are brought together to bring the people in, a very intricate plan and one big an issue how big a staff the brokerage firms will be able to staff, the morgan stanleys, the merrill lynches of the world, having their own meetings separately to determine who they can bring in as well. a very interesting day, a lot of of pressure on them to open the markets. >> and sort of lost in the conversations are the knights and exchange traders. do we have any idea what the situation of those guys is? they are in jersey city where way hard hit. >> out in the middle of the country, of course. all indications is they are planning to open as normal as usual. nyse in particular, a lot of people they want to open the floor with nasdaq as well because they are in new york city, and there's a question of personnel,
nyse and nasdaq have to make sure they get data in and out, have to assess the damage, if any, to the verizon lines. they need about 200 people on the floor, and getting the people there depends on having the bridges and tunnels open so that's why the news from scott is very important. carpooling lists are brought together to bring the people in, a very intricate plan and one big an issue how big a staff the brokerage firms will be able to staff, the morgan stanleys, the merrill lynches of the...
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Nov 2, 2012
11/12
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. >>> take a look at shares of verizon, the stock is trading lower. there are just a few points hitting on the headlines here. one says that verizon is saying the impact of sandy fourth quarter could be significant. i'm not sure where those hits are coming from. there are wire flashes but i've not seen a press release. thank you. i'm talking to verizon right now, the spokesman, telling us this is out. what else can you it tell us? >> you just got a dropped call. >> okay. but the sandy impact could be significant for the fourth quarter. peter, thank you. >> i'm glad you didn't have a dropped call during that from verizon. >>> let's get back to our guest host, mark, you get the last word. you said something during the break, the idea you think the next couple of months -- >> the next 3- months. i'm really nervous. we have big fiscal issues we are not going to nail down without some brinksmanship. we're on the same page. >> all the
. >>> take a look at shares of verizon, the stock is trading lower. there are just a few points hitting on the headlines here. one says that verizon is saying the impact of sandy fourth quarter could be significant. i'm not sure where those hits are coming from. there are wire flashes but i've not seen a press release. thank you. i'm talking to verizon right now, the spokesman, telling us this is out. what else can you it tell us? >> you just got a dropped call. >> okay....
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Nov 2, 2012
11/12
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right now listen for more on verizon. "the street" crew will have that for you. we'll be back with you on monday. >>> as becky said, 171,000. that is the jobs number for october, well above estimates, carrying a lot of political fuel with election day just five days away. good morning. welcome to "squawk on the street." i'm carl caquintanilla with melissa lee and david faber. not just the 171,000 for the month but positive revisions we'll talk about in a moment. a busy day in europe as well as we start to talk more about the big events that will happen with the eurozone, both central banks and the greek government that starts next week. >>> our road map starts with the jobs number that beats even the highest expectation on the street. 171,000 is the number with another 84,000 in revisions higher for the past two months. unemployment ticks up to 7.9% as the participation rate rises. is the number really as good as it looks? >> the death toll from sandy now stands at 94 as more than 3 million homes still without power now facing colder weather, gas lines stretch fo
right now listen for more on verizon. "the street" crew will have that for you. we'll be back with you on monday. >>> as becky said, 171,000. that is the jobs number for october, well above estimates, carrying a lot of political fuel with election day just five days away. good morning. welcome to "squawk on the street." i'm carl caquintanilla with melissa lee and david faber. not just the 171,000 for the month but positive revisions we'll talk about in a moment. a...
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Nov 1, 2012
11/12
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my blackberry, we saw verizon work fine in lower manhattan. not as good for my iphone, which uses up more bandwidth. one of the biggest issues post sandy is finding gasoline. lines in new york and new jersey are sometimes more than 100 cars deep. mary thompson is live at one of those. >> we're here in ridgefield, new jersey. if you were entering this rest stop, anyone who drives along the turnpike know this is one. if you enter from the north, you'll wait in line maybe 25 minutes. from the south, your wait could be longer. clearance thomas told us he waited for two hours. >> it's been horrible. lines long everywhere. ran out of gas once. survived it. got back on the road. then got up early this morning, like 7:00, get over there to get gas. >> the lines began forming in new jersey and on long island yesterday. a lot of gas stations in these areas aren't open because they don't have electricity and some have run out of gasoline though some are still selling diesel fuel. the supply chain disrupted, too, making a bad situation worse. a number of
my blackberry, we saw verizon work fine in lower manhattan. not as good for my iphone, which uses up more bandwidth. one of the biggest issues post sandy is finding gasoline. lines in new york and new jersey are sometimes more than 100 cars deep. mary thompson is live at one of those. >> we're here in ridgefield, new jersey. if you were entering this rest stop, anyone who drives along the turnpike know this is one. if you enter from the north, you'll wait in line maybe 25 minutes. from...
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Oct 30, 2012
10/12
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this is in a sense a verizon issue, got to make sure, and that's one of the things, probably the single most important thing right now. they have to be able to test and make sure they can get in and out all the data feeds. they have been testing the backup generators. they functioned beautifully overnight. you saw the red, white and blue at the entrance there with the columns working very well, fuel is there. they got to make sure that people can get there. hopefully, and there's some hopeful signs, that the brujs and tunnels will be open. again, they do not need the subways open. they have lists. they have about 200 people at the new york stock exchange for the floor to open, lists of how to carpool people in. any damage in to the facilities outside of the area that might be important, the building itself i am told is fine, but there may be some other outside buildings that may be important that they have to check out, and finally, in the event that there's an issue testing the backup plan. >> all right. with all that in mind we take to you new york city mayor mike bloomberg. >> hurric
this is in a sense a verizon issue, got to make sure, and that's one of the things, probably the single most important thing right now. they have to be able to test and make sure they can get in and out all the data feeds. they have been testing the backup generators. they functioned beautifully overnight. you saw the red, white and blue at the entrance there with the columns working very well, fuel is there. they got to make sure that people can get there. hopefully, and there's some hopeful...